Crisis: Expats' exodus as Brits give up on north Cyprus
(ANSAmed) - NICOSIA, AUGUST 21 - British expatriates are leaving the north of Cyprus in record numbers according to reports in the Turkish Cypriot media. Economic difficulties, bureaucratic obstacles, poor utilities, animal welfare and increasing electricity prices are cited as the main reasons for the exodus of British retirees.
Daily Kibris reports a surge in homes put on sales by expatriates, most bemoaning that they are fed up with being ignored by the administration with "endless pointless bureaucracy." Chubby Cevdet, the owner of a restaurant popular with British residents said: "Life for Brits living here can be challenging, no one listens to them," he said. "The British Pound was hard hit... They want to escape. There are always problems with electricity and water, but they can never get these problems solved," he added.
The recession has left some Brits trapped because their foreign property has lost value at the same time as their British savings have become worth less abroad. In some cases, Britons that could not sell their homes have simply locked them up and left.
Daily Kibris reports a surge in homes put on sales by expatriates, most bemoaning that they are fed up with being ignored by the administration with "endless pointless bureaucracy." Chubby Cevdet, the owner of a restaurant popular with British residents said: "Life for Brits living here can be challenging, no one listens to them," he said. "The British Pound was hard hit... They want to escape. There are always problems with electricity and water, but they can never get these problems solved," he added.
The recession has left some Brits trapped because their foreign property has lost value at the same time as their British savings have become worth less abroad. In some cases, Britons that could not sell their homes have simply locked them up and left.
Posts
